Tax Vocabulary Words:
1. Revenue (Gelir): money collected by governments to provide goods and services to the public.
2. Tax (Vergi): required payments of money to governments used to provide public goods and services.
3. Tax liability (Vergi borcu): the amount of tax that you owe.
4. Progressive tax (Artan oranlı vergi): tax where the rate increases as income increases.
5. Standard deduction (Standart indirim): an amount fixed by law and based on filing status that can be subtracted from your total income before tax is determined.
6. E - filing (İnternet üzerinden vergi iadesi başvurusu): filing your tax return via the internet (electronic filing)
7. Subsidies (Sübvansiyon): government payment made to encourage or protect a certain economic activity.